5/18/2023 0 Comments Salesforce bought slack“I actually talked to Bret in the early days of the pandemic to see if they wanted to sell us Quip because I thought it would be good for us, and I didn’t really know what their plans were. Instead, he wanted to buy something from them. While we might not ever know the back (Slack) room maneuvering that went on to make the deal a reality, it is interesting to note that Slack CEO Stewart Butterfield told me in an interview this week that he was not actually trying to sell the company when he approached Salesforce president and COO Bret Taylor earlier this year. Then quite suddenly this week, Slack was part of Salesforce, plucked off the market for an enormous sum of money. It raised $1.4 billion, went from zero to a $7 billion valuation to IPO, checking off every box on the startup founder’s wish list. It started as a pivot from a game company, of all things. Slack was the living embodiment of the Silicon Valley startup success fantasy. When Salesforce bought Slack earlier this week for $27.7 billion, it was in some ways the end of a startup fairytale.
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